GroupConsult: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GroupConsult
Largest movements
- Deferred charges and accrued income +€237,854
up €237,854 (+1915.2%), from €12,419 to €250,273
- Cash -€164,860
down €164,860 (-37.7%), from €437,531 to €272,671
mainly Contributions, distributions and other (-€400,000) and Deferred charges and accrued income (-€237,854)
- Receivables within one year +€133,792
up €133,792 (+24.4%), from €548,711 to €682,503
of which Other amounts receivable: +€128,192
- Intangible fixed assets +€35,284
new in 2025: €35,284
- Tangible fixed assets -€23,036
down €23,036 (-14.3%), from €161,217 to €138,180
of which Furniture and vehicles: -€17,669
- Trade debts +€188,177
up €188,177 (+160.9%), from €116,963 to €305,141
- Reserves +€76,584
up €76,584 (+6.4%), from €1.2m to €1.3m
- Other debts -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Debts after one year -€17,723
down €17,723 (-85.4%), from €20,753 to €3,030
- Gross operating margin -€565,730
down €565,730 (-36.0%), from €1.6m to €1.0m
- Taxes -€164,361
down €164,361 (-51.7%), from €317,944 to €153,583
- Other operating charges +€55,965
up €55,965 (+749.9%), from €7,463 to €63,428
- Staff costs +€41,252
up €41,252 (+16.9%), from €244,674 to €285,926
- Financial income +€22,737
up €22,737 (+61.5%), from €36,946 to €59,682
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,441,993 | €1,675,678 | +€233,685 | +16.2% |
| Fixed assets | 21/28 | €163,167 | €175,414 | +€12,248 | +7.5% |
| Intangible fixed assets | 21 | - | €35,284 | +€35,284 | |
| Tangible fixed assets | 22/27 | €161,217 | €138,180 | -€23,036 | -14.3% |
| Plant, machinery and equipment | 23 | €9,402 | €4,913 | -€4,489 | -47.7% |
| Furniture and vehicles | 24 | €143,473 | €125,804 | -€17,669 | -12.3% |
| Other tangible fixed assets | 26 | €8,342 | €7,463 | -€879 | -10.5% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €1,278,827 | €1,500,264 | +€221,437 | +17.3% |
| Stocks and contracts in progress | 3 | €280,166 | €294,817 | +€14,651 | +5.2% |
| Stocks | 30/36 | €280,166 | €294,817 | +€14,651 | +5.2% |
| Amounts receivable within one year | 40/41 | €548,711 | €682,503 | +€133,792 | +24.4% |
| Trade receivables | 40 | €297,884 | €303,484 | +€5,600 | +1.9% |
| Other amounts receivable | 41 | €250,827 | €379,019 | +€128,192 | +51.1% |
| Cash at bank and in hand | 54/58 | €437,531 | €272,671 | -€164,860 | -37.7% |
| Deferred charges and accrued income | 490/1 | €12,419 | €250,273 | +€237,854 | +1915.2% |
| Total equity and liabilities | 10/49 | €1,441,993 | €1,675,678 | +€233,685 | +16.2% |
| Equity | 10/15 | €1,216,927 | €1,293,511 | +€76,584 | +6.3% |
| Contributions | 10/11 | €21,600 | €21,600 | = | 0.0% |
| Reserves | 13 | €1,195,327 | €1,271,911 | +€76,584 | +6.4% |
| Distributable reserves | 133 | €1,195,327 | €1,271,911 | +€76,584 | +6.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €225,067 | €382,167 | +€157,100 | +69.8% |
| Amounts payable after more than one year | 17 | €20,753 | €3,030 | -€17,723 | -85.4% |
| Financial debts | 170/4 | €20,753 | €3,030 | -€17,723 | -85.4% |
| Amounts payable within one year | 42/48 | €204,313 | €379,137 | +€174,823 | +85.6% |
| Current portion of amounts payable after more than one year | 42 | €35,775 | €26,387 | -€9,388 | -26.2% |
| Trade debts | 44 | €116,963 | €305,141 | +€188,177 | +160.9% |
| Suppliers | 440/4 | €116,963 | €305,141 | +€188,177 | +160.9% |
| Advances received on contracts in progress | 46 | - | €3,766 | +€3,766 | |
| Taxes, remuneration and social security | 45 | €31,575 | €43,843 | +€12,268 | +38.9% |
| Taxes | 450/3 | €5,843 | €25,054 | +€19,212 | +328.8% |
| Remuneration and social security | 454/9 | €25,732 | €18,789 | -€6,943 | -27.0% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €244,674 | €285,926 | +€41,252 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,771 | €60,059 | +€15,288 | +34.1% |
| Other operating charges | 640/8 | €7,463 | €63,428 | +€55,965 | +749.9% |
| Non-recurring operating charges | 66A | €12,574 | €0 | -€12,574 | -100.0% |
| Gross operating margin | 9900 | €1,571,766 | €1,006,036 | -€565,730 | -36.0% |
| Operating profit (loss) | 9901 | €1,262,284 | €596,623 | -€665,661 | -52.7% |
| Financial income | 75/76B | €36,946 | €59,682 | +€22,737 | +61.5% |
| Recurring financial income | 75 | €36,946 | €59,682 | +€22,737 | +61.5% |
| Financial charges | 65/66B | €16,554 | €26,138 | +€9,585 | +57.9% |
| Recurring financial charges | 65 | €16,554 | €26,138 | +€9,585 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €1,282,676 | €630,167 | -€652,509 | -50.9% |
| Income taxes | 67/77 | €317,944 | €153,583 | -€164,361 | -51.7% |
| Profit (loss) for the period | 9904 | €964,733 | €476,584 | -€488,148 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €964,733 | €476,584 | -€488,148 | -50.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.